LatinNews Daily - 03 September 2026

*Peru’s mining and energy ministry (Minem) has reported that fiscal revenue generated by the mining sector rose 80.1% year-on-year in the first half of 2026. The tax take reached PEN22.79bn (US$6.78bn) between January and June, up from PEN12.65bn in the same period of 2025. According to Minem’s statistical mining bulletin (BEM), metallic mining generated the bulk of the total, contributing PEN19.44bn, or 85.3% of fiscal revenue for the sector. New mining royalties added PEN2.13bn (9.4%), while non-metallic mining brought in PEN962m (4.2%). The special mining levy contributed PEN172.8m and separate mining royalties added a further PEN85.3m. Minem said the increase “reflects the significant contribution of mining activity to state revenue” and reflects both strong tax performance and a greater contribution from non-tax mechanisms tied to mineral resource extraction. It added that the results came against a backdrop of favourable international metals prices and positive operating performance across the industry. The ministry said it expects fiscal collection from mining to remain favourable in the second half of 2026, citing continued output from major producing units, international metals price trends, and overall momentum in mining activity.

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